The contribution of granular and fundamental comparative advantage to European Union countries' export specialisation
This paper analyzes the contribution of fundamental comparative advantage (a country-speci c component) and granular comparative advantage (a rm-speci c component) to European Union countries' export specialization. We nd that, on average, granular comparative advantage may explain export speci...
| Autores: | , , , |
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| Tipo de recurso: | artículo |
| Fecha de publicación: | 2020 |
| País: | España |
| Institución: | Universidad de Alcalá (UAH) |
| Repositorio: | e_Buah Biblioteca Digital Universidad de Alcalá |
| Idioma: | inglés |
| OAI Identifier: | oai:ebuah.uah.es:10017/59531 |
| Acceso en línea: | http://hdl.handle.net/10017/59531 https://dx.doi.org/10.1111/twec.12989 |
| Access Level: | acceso abierto |
| Palabra clave: | Exports Fundamental comparative advantage Granular comparative advantage European Union Export superstars F12 F14 Economía Economics |
| Sumario: | This paper analyzes the contribution of fundamental comparative advantage (a country-speci c component) and granular comparative advantage (a rm-speci c component) to European Union countries' export specialization. We nd that, on average, granular comparative advantage may explain export specialization in 29% of industries, which account for 47% of total exports. We also show that 60% of the variation in export specialization across countries and industries may be explained by granular comparative advantage. These results highlight that some outstanding rms may play a very important role in explaining European Union countries' export specialization. |
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